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Rich DemocraciesPolitical Economy, Public Policy, and Performance$
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Harold Wilensky

Print publication date: 2002

Print ISBN-13: 9780520231764

Published to California Scholarship Online: March 2012

DOI: 10.1525/california/9780520231764.001.0001

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Does It Subvert Job Security, Labor Standards, and the Welfare State?

(p.637) 17 Globalization
Rich Democracies


University of California Press

This chapter investigates the impact of globalization on job security, labor standards, and the welfare state. It shows that neither the flow of capital and labor across national boundaries nor the increasing prominence of multinational corporations are major threats to the social and labor-market policies of rich democracies. It examines whether the nation-state is eroding as a unit of social-science analysis and as the center of political action and evaluates the impact of so-called alliance capitalism.

Keywords:   globalization, job security, labor standards, welfare state, flow of capital, multinational corporations, labor-market policies, rich democracies, nation-sate, alliance capitalism

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